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Monthly updates on the state of the economy in Europe
The Euro Area economy is on a path towards recovery, with both business and consumer sentiment improving further in February. Inflation resumed its downward trend, but stickier services prices further complicate the ECB’s policy decision-making. In its March meeting, the bank left its main policy rate unchanged at an all-time high of 4 percent. Timelier data on negotiated wages growth may bring the ECB closer to cutting interest rates. But as the slowdown in wage growth was not as steep as expected, a June cut is now more likely. Looking ahead, we make only slight changes to our forecasts, expecting any recovery to be modest in 2024, while getting closer to its long-term growth trend in 2025.
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Economy Watch: European View (July 2025)
July 11, 2025
Economy Watch: European View (June 2025)
June 16, 2025
Economy Watch: European View (February 2025)
February 12, 2025
Economy Watch: European View (January 2025)
January 21, 2025
Economy Watch: European View (October 2024)
October 11, 2024
Economy Watch: European View (September 2024)
September 20, 2024
Charts
Preliminary PMI indices show no change in weak DM growth momentum in November
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Charts
How Might the World Fall Back into Recession?
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Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
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Downgraded global GDP forecast, but no recession expected
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US continues to lead global productivity race
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The Global Economic Fallout of the Ukraine Invasion
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The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
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Charts
The Conference Board recently released its updated 2022 Global Economic Outlook.
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PRESS RELEASE
LEI for China Decreased for a Third Month in June
July 24, 2025
PRESS RELEASE
LEI for India Ticked up in June
July 22, 2025
PRESS RELEASE
US Leading Economic Index® Declined in June
July 21, 2025
PRESS RELEASE
The LEI for France Ticks Up in May
July 18, 2025
PRESS RELEASE
LEI for Mexico Increased in June
July 18, 2025
PRESS RELEASE
LEI for the Euro Area Decreased in June
July 17, 2025
All release times displayed are Eastern Time
Global growth is expected to slow over the next decade relative to the prior ten years.
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Economy Watch: Global and Emerging Markets View (July 2025)
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Economy Watch: European View (July 2025)
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Economy Watch: US Public Policy and the Economy
April 09, 2025
US Economic Volatility in 2025
February 12, 2025
The Long-term Economic Outlook for the US, Europe, and China
December 11, 2024
The 2025 Global Economic Outlook
November 13, 2024
The Evolving Economic Outlook for Europe
July 10, 2024
The Economic Outlook for Europe
July 12, 2023
